“My belief on the LRS-B is its going to be more traditional, ” LaPlante told the House Armed Services Committee’s seapower and projection forces subcommittee Wednesday.
“We are doing a little more cutting edge, it’s not based on a commercial item, so most likely it’s going to be in the cost-plus regime, ” he added, according to Defense News.
Aaron Mehta reports the Air Force looks to acquire up to 100 bomber aircraft and could award a contract in late spring or in early summer.
Northrop Grumman (NYSE: NOC) and a team comprising Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are vying for the potential $55 billion LRS-B contract.